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Ripple Close to a Huge Adoption Milestone: Will the XRP Price Follow?
Ripple Close to a Huge Adoption Milestone: Will the XRP Price Follow?

The number of XRP addresses with zero balances is just 1,595.

Cryptopotato·2024/03/08 17:16
Spot bitcoin ETF cumulative trading volume crosses $100 billion
Spot bitcoin ETF cumulative trading volume crosses $100 billion

Cumulative trading volume for spot Bitcoin ETFs surpassed $100 billion after launching less than two months ago.Volumes have surged in the last two week’s including this Monday when the combined buying and selling activity for spot bitcoin ETFs nearly hit $10 billion.

The Block·2024/03/08 15:47
The institutionalization of Bitcoin
The institutionalization of Bitcoin

Cointime·2024/03/08 15:42
Ether price hits $4,000 for the first time in more than two years
Ether price hits $4,000 for the first time in more than two years

The price of ether has hit $4,000 for the first time since December 2021.The milestone comes amid ongoing speculation over the prospect of a spot ether ETF in the U.S. this year — but opinions on approval vary.

The Block·2024/03/08 15:34
Bitcoin Flirts With ATH as Dog Meme Coins like Shiba Inu Take Center Stage: This Week’s Crypto Recap
Bitcoin Flirts With ATH as Dog Meme Coins like Shiba Inu Take Center Stage: This Week’s Crypto Recap

Bitcoin tapped its former all-time high earlier in the week only to correct immediately after and soar again. Meanwhile, meme coins like Shiba Inu are having the time of their life.

Cryptopotato·2024/03/08 15:31
Bitcoin (BTC) Price Has Not Peaked Yet, According to This Metric
Bitcoin (BTC) Price Has Not Peaked Yet, According to This Metric

CryptoQuant expects the market to heat up with a rapid rise in active addresses, but their analysis suggests this hasn’t happened yet.

Cryptopotato·2024/03/08 13:46
Sandbox (SAND) Token Undervalued? Analyst Forecasts Price Rally to $2
Sandbox (SAND) Token Undervalued? Analyst Forecasts Price Rally to $2

The weekly SAND/USD chart showed the 0.786 Fib level could trigger a 65.5% price increase. Buying momentum has become weak but the Aroon indicator aligned with a bullish bias. A highly bullish scenario could trigger SAND’s price in the $3 direction.

Coinedition·2024/03/08 13:36
Flash
08:55
Economist: Powell's Favorite Unconventional Inflation Gauge "Unreliable," Hopes for Challenge
BlockBeats News, June 16th, Federal Reserve Chairman Powell once expressed a preference for adopting another inflation measure standard - the "trimmed mean PCE inflation," which excludes extreme values before calculating the weighted average. Boston College economics professor Brian Bethune stated that currently, the trimmed mean PCE is not the most reliable indicator. In short, when the inflation shock behaves similarly to the period of 2009-2019 (i.e., before the 2020 COVID-19 crisis), this indicator works best because there was a better balance between positive and negative shocks at that time. However, when price shocks mainly come from positive factors such as supply disruptions, tariffs, surging oil prices, or significant special sports events (like the World Cup), this indicator will underestimate inflation. "Therefore, it is hoped that someone can challenge him on this," Bethune said. But regardless of which indicator is referenced, U.S. inflation remains above the Fed's 2% target - has been so since the spring of 2021.
08:51
SPCX Ranks Among Top HIP-3 Markets with Trading Volume Exceeding $1.125 Billion
On the Hyperliquid platform, SpaceX tokenized stocks have become the highest trading volume HIP-3 market, ranking third in overall trading volume across the Hyperliquid platform. Data shows that SPCX has recorded a trading volume of $1.125 billion, making it one of the most actively traded HIP-3 assets in the current Hyperliquid ecosystem.
08:36
STMicroelectronics plans to raise 1.5 billion US dollars by issuing convertible bonds, which can be converted into shares at a pre-agreed price.
STMicroelectronics will issue convertible bonds in two phases, maturing in 2031 and 2033. The company stated in a press release that the proceeds will be used for the early redemption of the remaining $750 million zero-coupon bonds due in 2027, and the rest will be used for general corporate purposes.
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